Property Overview & Key Characteristics

28 Stonewalk Place presents a unique opportunity in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in its substantial 5,727 sqft lot, which ranks in the top tier for size on its street. This generous land parcel offers clear potential for expansion, landscaping, or simply enjoying ample private outdoor space in a newer community. The property’s assessed value is notably lower than several immediate neighbours, which may indicate an opportunity for a buyer looking to add value through renovation or new construction.

This property would suit a specific type of buyer: a builder, an investor, or a hands-on homeowner with a vision for creating their own home. It’s less suited for someone seeking a move-in-ready residence. The appeal is fundamentally about the land and location within a modern, growing area, paired with the project potential that the low assessment suggests. A thoughtful perspective is that while data shows newer builds nearby, this lot offers the chance to create something tailored without the premium of a brand-new, finished home.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby properties?
This typically indicates the property is a vacant lot or has a structure with minimal improvements. The value is primarily in the land itself, not a developed home.

2. What can I build on a lot of this size?
At over 5,700 sqft, the lot can accommodate a spacious single-family home with room for a driveway, garage, and backyard. Buyers should consult the City of Winnipeg's zoning bylaws for specific requirements on setbacks, building coverage, and height.

3. Are utilities available to the lot?
For any vacant land, confirming the availability and connection points for water, sewer, natural gas, and electricity is an essential first step. This information can be obtained from the city and local utility providers.

4. How does the "top 0%" ranking for the lot size work?
This statistic means that, compared to other properties on Stonewalk Place, this lot is as large or larger than 100% of them. It is the largest or tied for the largest on its street.

5. What are the next steps if I'm interested in building?
Engage a builder or architect early to discuss feasibility and conceptual plans. You’ll also need to budget for development permits, utility connections, and all construction costs beyond the purchase price of the lot.